The article examines several questions regarding the value of works of art from a Marxist point of view, that is, from a point of view that takes into account Marx’s labour theory of value. The article begins with a series of preliminary questions that from our point of view are basic in order to present the value/price problem of works of art. It follows by a critical examination of some recent approaches regarding Smith’s theory of price formation; and it ends turning to Marx and his labour theory of value to put forward a possible direction for future investigations.